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more about #presidentobama more comments → pauljones: I'm so going to buy a Silverado just to piss my neighbor off. more » RachelSklar: See, THIS is why I don't drive! more » mechimike: I think the only reason GM's able to start paying back the loans so quickly is simply they borrowed more than they needed to. Probably so they could ... more » lilwillie: Politics is like a piss poor Magic show, not only is the show bullshit, even the slight of hand by both sides use is complete bullshit. more » smalleyxb122: Incorrect. The cars are commodities, of which none are sold for less than the price of materials, therefore any monetary loss is associated with labo... more » brandegee: Quick. Everyone buy an Aveo just to spite the taxbuyer. "Look at this! Look at it! Yeah, that's right! This pile of misery cost you 12 Grover Clevelan... more » Alfisted: Compared to how much each Tesla will cost us, this is a bargain. more » Das ASHloch (achtundsiebzig): Another brilliant treatise from our friends at the Facepalm von Mises Institute. more » Mobius: No wonder the CTS-V is such a performance bargain(!) Hopefully, GM will learn the lesson and not stagnate. Next time, the taxpayers won't be so willi... more » mytdawg: Why the hell can't we outsource these morons? I want to see these studies coming from Indochina pronto. In mangled English of course. Like the old ... more » UDMan: This is another way of creating demand where no such demand exists. Let's have a look at how we got into this mess in the first place. Right after the... more » Muscles Marinara: Does anyone know what's going on with the proposed voucher for motorcycles? Maybe they could have a voucher of, say, $10,000 for new vehicles with 20+... more » MDMAtheSentiments: Does anyone know how the government will go about deciding which cars get 18 MPG and under and which do not? What if your car did 20 MPG say ten years... more » MushyHeirloom: While I'm still not exactly opposed to this, I am opposed to the fact that it was wedged in, pork-style, to an unrelated bill. Seriously, any senator ... more » Sloop_John_B: I view this bill like I view my "tax free" spending days in Georgia. Fools RUSH to the stores to save pennies and spend money on shit they don't need ... more » -
#carpocalypse
STUDY: Each New GM Vehicle Costs Taxpayers $12,200
A study by the obviously pro-government National Taxpayers Union claims each new GM vehicle costs the average taxpayer $12,200. Their bizarre assumptions and our analysis below. More » -
#planelopnik
NYC Airspace to close tomorrow because of Walter Cronkite. Seriously. [Mediaite]
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#cashforclunkers
Senate Passes Watered-Down Cash For Clunkers Bill, Heads To President Next
In a 91-5 vote, the U.S. Senate passed a scaled-back $1 billion "Cash For Clunkers" bill. Democrats beat back a Republican attempt to strip the proposal from a $106 billion military spending package. President Obama's expected to sign it. [AutoNews] -
#carpocalypse
President Obama: We Don't Want To Own The New GM
President Obama stressed today he doesn't want to own the "New GM" or run the company. Also, they'll still support "New GM" warranties so have no fear, buy a Malibu. More » -
#ifeelgassy
Ballyhoed New CAFE Standards Riddled With Hummer-Sized Loopholes
When Obama unveiled new fuel standards we decried the end of fun cars and pointed out how far most automakers are from meeting new-for-2016 fuel standards. It turns out, thanks to Hummer-sized loopholes like your car's air-conditioning, automakers should be able to meet them with little fear. More » -
#ifeelgassy
Obama To Announce New Fuel Economy, Emissions Standard Tomorrow
According to Politico, the Obama administration's announcing a new national auto standards policy for 2016. The plan supposedly marries U.S. fuel economy and emissions standards to California polices and be supported by automakers and policymakers. More » -
#carpocalypse
Obama Knows... How Much Chrysler Should Spend On Advertising
President Obama's Auto Task Force cut Chrysler's planned bankruptcy marketing budget, $134 million for nine weeks of advertisements, in half. Apparently the Obama Administration's like Bo Jackson from those old Nike "Bo knows" commercials. More » -
#industrynews
President Obama, Congress Reach "Cash For Clunkers" Agreement
We're told the White House and Democrat Congressional leaders have reached an agreement on the so-called "Cash For Clunkers" bill, sending lovers of Malaise Era steel into a complete panic. [Reuters] -
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#carpocalypse
President Obama Laughs While U.S. Automakers Cry
Last night on 60 Minutes, President Obama introduced a bit of laughter-as-the-best-medicine Gallows humor into the Carpocalypse. Here we thought we're the only ones laughing just to stop the heart-wrenching sobs. [CBS News] -
#industrynews
Obama To Leno: Electric Cars Are The Future
President Obama was on The Tonight Show talking cars with Jay Leno, who knows a little about the subject. The future of the American car industry according to Obama? Electric cars. Who knew? -
#chevyvolt
ABC Detroit Affiliate Catches Obama's Task Force Driving Volt Mule
Channel 7 WXYZ, Detroit's ABC affiliate, managed to capture President Obama's auto task force driving the plug-in Chevy Volt mule during their visit to GM's suburban Detroit Technical Center today. More » -
#chevyvolt
Obama's Auto Task Force To Drive Chevy Volt Mule Tomorrow
President Obama's auto task force will drive a Chevy Volt test mule during a visit to GM's Technical Center in Detroit tomorrow to help decide if the company deserves more federal loans. [GM-Volt via AP] -
#yeswecan
Obama Thinks America Invented The Automobile
In tonight's mini-State of the Union, President Obama said the "nation that invented the automobile cannot walk away from it." One problem. We didn't. That would be Karl Benz, in Mannheim, Germany. Just sayin'... [NYT]
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#carpocalypsenow
Obama's Auto Industry Task Force Drives Imports Like Everyone Else
Of the 10 members of President Obama's Auto Industry task force, only two are known to own American cars, two don't own a car, and at least one has a French car in the family. More »
